Which of the following is false about a journal?

A) It discloses in one place the complete effects of a transaction.
B) It provides a chronological record of transactions.
C) It helps to prevent or locate errors because debit and credit amounts for each entry can be readily compared.
D) It keeps in one place all the information about changes in specific account balances.

In the national income accounting identity showing the equality between national saving and investment, what are the algebraic expressions for private saving and public saving?

The marginal tax rate is calculated by dividing

A) taxes paid by taxable income.
B) taxable income by taxes paid.
C) additional taxes paid by additional taxable income.
D) additional taxable income by additional taxes paiD.

What a party said when entering into a contract is a subjective fact.

Some of the characteristics that describe creative people are resourceful, systematic, and intuitive in problem solving, think outside the box, transfer learning from one setting to others.